SEC
Whistleblower
Attorneys

July 10, 2018

Advanced Drainage Systems, Inc., Mark B. Sturgeon, CPA

Financial Fraud

SANCTION AMOUNT: $1273970

Defendants: Advanced Drainage Systems, Inc.
Mark B. Sturgeon, CPA

Settlement of Commission's findings that the financial statements of the entity Respondent, a drainage pipe manufacturer, were misstated due to improper accounting, including unsupported journal entries directed or approved by Respondent Sturgeon, the former CFO, and due to insufficient internal accounting controls.

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